COSTLY
MISTAKES
Buying a home is the single largest
investment in many portfolios. By educating yourself you will
be able to avoid some of the most common mistakes.
#1
Buying the wrong house
For some people paying fair market
price would be purchasing the wrong house. For these buyers
building immediate equity is an essential part of their short-term
and/or long-term goals. These buyers are often willing to
purchase fixer-uppers.
However, most buyers do not benefit
from purchasing fixer-uppers. Unless you are well-versed in
all area of home repair/improvement, a fixer-upper can be a money
pit and home life can be less than pleasant.
Sharon will help you identify and clarify both your
short-term and your long-term real estate
goals and help you locate a property that fits your individuals
needs and desires. Sharon will negotiate on your behalf the
best price/terms/conditions on your chosen property.
#2
Paying the wrong price
How do you know what is a fair price
and acceptable terms for a particular piece of property? Some
buyers fall in love with a particular house and overpay; some buyers
lose their dream home because they offer too little and someone else
is the successful bidder.
Don't
try to go it alone. Sharon is a tough, educated, fair
negotiator. Sharon is skilled negotiating in this market with
all types of people from different cultures.
#3
Surprises
There are several areas surprises can
occur: survey, appraisals, title searches, closing costs, seller not
complying with special stipulations, and many many more. Do
you know which Home Buyer Warranty's cover roofs, or septic tanks?
Do you know the warning signs for a failing septic system? Do
you know the pitfalls of polybultene plumbing, Louisiana Pacific
siding, and flood plains? Do you know how to track the time
line of your loan from origination to processor to underwriter to
the closing department to the attorney and back for a funding
number?
Sharon goes through
the home buying/selling process
several times each month and knows what to look out for.
Sharon knows what questions to ask, when to ask them, and what
answers to expect. However, she is not an expert in any of
these areas and you should consider consulting a professional any
time you have a specific concern.
#4 Working
with the wrong agent.
Real Estate transactions are
among the most important financial transactions in your lifetime.
Take your time when selecting a real estate agent. Interview,
ask questions. If you want to make your selling experience the
best it can be, it is crucial that you select the best agent for
you.
Sharon is always willing to give you a no-obligation second (or
third, etc.) opinion.
Sharon thinks outside the box
and may have an innovative idea for you.
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